Huaxia Fund Hong Kong has been approved to launch the first retail tokenized fund in the Asia-Pacific region

ChainCatcher news, Huaxia Fund (Hong Kong) announced that its Huaxia Hong Kong Dollar Digital Currency Fund has been approved by the Securities and Futures Commission (SFC) of Hong Kong and is expected to officially launch at the end of February.

This fund is the first retail tokenized fund in the Asia-Pacific region, aiming to leverage blockchain technology to provide investors with an innovative investment tool based on the returns of Hong Kong dollar money market funds.